Turkish Airlines Boeing 737

Turkish Airlines to buy 50 planes from Airbus, Boeing

TURKISH Airlines has confirmed plans to buy at least 50 wide-body aircraft from Airbus and Boeing, as the flag carrier ramps up its ambitions ahead of a move to a new Istanbul airport.

The company said in a statement late yesterday that it has agreed to buy 25 Boeing B787-9 aircraft, known as the Dreamliner, and 25 Airbus A350-900 aircraft. In addition, it has the option to buy five more of each aircraft from both suppliers, meaning that the eventual purchase could total 60 planes. It said six will be delivered next year, 14 in 2020, 10 in 2021, 12 in 2022, 11 in 2023 and seven in 2024. A statement by Airbus said the catalogue price of the 25 A350s alone will amount to US$9.5 billion (RM37 billion).

Turkish Airlines chief executive Ilker Ayci said the announcement comes after agreements signed during recent visits to France and the US – the homes of Airbus and Boeing – by President Recep Tayyip Erdogan. He hailed the deals as a “very important initiative to meet the need for wide-body aircraft at the new airport” and strengthen the fleet ahead of the 100th anniversary of the founding of modern Turkey in 2023. “We believe this will not just accelerate the steady rise of Turkish Airlines, but also contribute to Turkish civil aviation as a whole,” Ayci was quoted as saying by the Anadolu news agency.

The government plans to open the new airport by Istanbul’s Black Sea coast on October 29, hoping to make it a global hub that can compete with Dubai for transfer traffic. Turkish Airlines, which is 49% owned by the government through a wealth fund, has grown exponentially in recent years, in a rise strongly supported by Erdogan to create a national champion. Passenger numbers have swelled, from just 14 million in 2005 to 69 million last year. The airline is targeting a total of 74 million passengers this year, and wants to expand its fleet from 329 at present to 424 planes by 2023. – AFP, March 10, 2018.

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